27, RIVERSIDE APPROACH, GAINSBOROUGH, DN21 2NR - £100,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 RIVERSIDE APPROACH is a very small semi-detached house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £107,766. It was last sold for £100,000 in May 2022, which was around 42% below the average May 2022 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

27 RIVERSIDE APPROACH Sold Prices

Land registry data shows three sales for 27 RIVERSIDE APPROACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 27 RIVERSIDE APPROACH sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 19 MAY	£100,000	£173,230	42% below HPI
2017 15 AUG	£72,000	£139,360	48% below HPI
2004 22 DEC	£83,995	£109,726	23% below HPI

27 RIVERSIDE APPROACH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 27 RIVERSIDE APPROACH sales between December 2004 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 27 RIVERSIDE APPROACH be worth now?

27 RIVERSIDE APPROACH might now be worth an estimated £107,766.

This is based on house price inflation of 7.8%, between May 2022 and February 2025, for semi-detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 27 RIVERSIDE APPROACH of £100,000 on 19th May 2022. For the value to have increased from £100,000 to £107,766 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 27 RIVERSIDE APPROACH has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RIVERSIDE APPROACH has not materially changed since May 2022.

How Large is 27 RIVERSIDE APPROACH?

27 RIVERSIDE APPROACH is 55m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 27 RIVERSIDE APPROACH lies on this distribution: 1% of semi-detached houses houses are smaller than 27 RIVERSIDE APPROACH, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

27 RIVERSIDE APPROACH: Plot and Title Map

27 RIVERSIDE APPROACH sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 27 RIVERSIDE APPROACH, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 RIVERSIDE APPROACH). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 27 RIVERSIDE APPROACH?

27 RIVERSIDE APPROACH is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 27 on RIVERSIDE APPROACH.